TAMAN DESA IMPIAN in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 212.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 350K, with most transactions falling within a stable range of RM 550K to RM 362K, and a typical market range of RM 550K to RM 580K.
Most transactions involved low-cost flat, with high diversity across multiple property types.
For price per square foot, the median is RM 212, with most transactions between RM 200 and RM 223. The usual range is RM 184.63 to RM 238.38, showing that most units are priced quite close to each other. With an IQR of RM 53.75 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
